Spain's borrowing costs hit record highs this week and European stock markets have slumped over fears Madrid can't afford the price tag required to prop up its ailing banks. It's looking ever more likely the country will need some kind of bailout.
After watching Greece from afar for years, many Spaniards now believe Spain's number is up.
A tourist in Madrid might wonder where the crisis is. Traffic is heavy and the tapas bars are packed.
But listen in on some of the conversations, and it's clear that Spaniards are scared.
The school year's winding down, meaning teenagers around the country will soon be trying to pull in some extra cash scooping ice cream or manning those kiosks at the mall.
But with the job market still weak, teens are facing stiff competition landing summer jobs. And while the downturn has hit young job seekers particularly hard, it's not just the lingering effects of the Great Recession working against them: the drop-off in teen summer hiring actually began long before 2007.
If nothing else, New York City Mayor Michael Bloomberg has apparently done President Obama a favor.
His Honor's proposed ban on the sale of supersized sugary fountain drinks in his city made the mayor, at least for some, the epitome of Big Government excess, a place many critics, particularly conservatives, typically reserve for the Obama.
Today on Latin Roots from World Cafe, NPR's Jasmine Garsd discusses the history of Reggaeton. Born and raised in Buenos Aires, Garsd spent her teenage years hooked on Argentine rock. Garsd moved to the U.S. after high school and quickly encountered an eclectic mix of American music; now, she co-hosts NPR's Alt.Latino with Felix Contreras.
Relations continue to deteriorate between the United States and Pakistan, a country some described as a nominal ally. A Senate panel voted last week to reduce aid to Islamabad after a doctor who helped the CIA find Osama bin Laden was sentenced to 33 years in prison. And Pakistan continues to refuse to reopen U.S. supply lines into Afghanistan that it cut in response to American air strikes that killed 24 Pakistani soldiers last year.
Named the JJA Guitarist of the Year in June 2011, Russell Malone hails from Albany, Geo. Malone grew up absorbing music from his bedrock, the church, as well as popular blues and country tunes on radio and TV. For his golden-toned melodies played in octaves (try that some time!) and more, Malone is heavily influenced by Wes Montgomery.
Wal-Mart has joined the list of major corporations withdrawing their support from a conservative political group that advocates the "Stand Your Ground" laws that came under intense focus after the Trayvon Martin killing became a national story.